Common Life Insurance coverage declared 37 p.c dividend – 2024-06-13 23:01:58

by times news cr

2024-06-13 23:01:58

The board of administrators of Common Life Insurance coverage Firm Restricted, listed within the insurance coverage sector of the capital market, has declared a dividend of 37 p.c for widespread shareholders solely. Its all money dividends.

The board of administrators of the corporate has determined to pay this dividend to the shareholders after reviewing the audited monetary report for the monetary yr ended on December 31, 2023. In consequence, shareholders will get a money dividend of three.70 taka towards every 10 taka price of shares.

On Wednesday (June 12), Dhaka and Chittagong Inventory Change (DSE-CSE) knowledgeable this info.

Earlier, the corporate’s Board of Administrators assembly held on Tuesday (June 11) determined to pay the dividend after reviewing and approving the audited monetary report for the final monetary yr.

In accordance with the knowledge, the annual common assembly (AGM) of the corporate can be held on September 24 to approve the declared dividend to the shareholders. The report date for this has been mounted on July 25.

The corporate’s earnings per share (EPS) for the monetary yr ended was Rs.3.70. The corporate’s revenue per share was Rs 3.80 within the corresponding interval of the earlier monetary yr.

The corporate has adverse internet working money circulation per share (NOCFPS) of Rs.(14.38) for the monetary yr below dialogue. The corporate had a adverse NOCFPA of Rs (39.21) throughout the corresponding interval of the earlier monetary yr.

The corporate’s internet asset worth per share (NAVPS) stood at Tk 91.20 throughout the reporting interval.

In view of this company announcement, there can be no value restrict on the buying and selling of the corporate’s shares on today.

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